Pawnfi
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Introduction
Multi-chain liquidity solution for Non-Standard Assets (NSA).

Welcome to Pawnfi

Hello all! We are excited to introduce you Pawnfi.com, a Ready-to-launch "Pawn + Lease + Resale" Marketplace for Non-Standard Assets ("NSA").
After a year of development, Pawnfi product launched its first test version in December 2020; following the iteration of four major versions, the final test of Pawnfi EVM version was completed in September 2021.
Pawnfi prioritizes support to ETH, BSC, Polygon, Arbitrum and Moonbeam in Pawnfi EVM version, and has integrated multi-chain versions in the same front end, so that assets will not be fragmented and user experience will be improved on Pawnfi's multi-chain versions.
Pawnfi Protocol is the first DeFi product which introduces the pawn concept, also a brand-new lending and leasing market to provide fair appraisal, liquidity and use case for Non-Standard Assets (NSA). Besides supporting mainstream assets, Pawnfi covers all types of NSA including Non-Fungible Tokens (NFT), Liquidity Provider Tokens (LP Tokens), tokenized rights, and minor cryptocurrencies with relatively less liquidity. Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product in an innovative way, so that asset holders and users can maximize capital efficiency. Compared with other lending protocols in the industry, Pawnfi can provide a wider range of asset support, a more flexible loan portfolio, and more diversified asset realization solutions.

The Market Size of Non-Standard Assets (NSA≫NFT)

Pawnfi Protocol targets the Non-Standard asset (NSA) market. With the development of Metaverse, more assets in the chain will not be standardized, and the scale of NSA will be much larger than standard assets. In addition to the typical Non-Fungible Tokens (NFT), the NSA also includes all types of non-standard tokens, certificates, interests, derivatives, and alternative assets. Among them, the most representative types of NSA include:
  • Non-Fungible Tokens (NFT), such as tokenized gaming assets, artworks, collectibles, hashrate, etc.
  • Liquidity Provider Tokens (LP tokens);
  • Fungible tokens with relatively small liquidity, such as Altcoins;
  • Alternatives, such as tokenized insurance, bonds, bills, derivatives, etc.
  • Other long-tail assets, such as tokenized physical assets.

Why did we build Pawnfi?

The typical features of NSA include their scarcity and their attributes as an investment or collection. However, its nature determines that it is not smooth for trading, and many NSAs are embedded with unique utility (like gaming assets or computing power). Therefore, we believe that the best way to unleash the value of NSA is to empower them with broader use case of collateralized loan and leasing, so that NSA holders can obtain cash flow without losing their ownership.
Thus, Pawnfi showed up. With co-existing pawn/ lease/ sale and many other innovative functions, asset holders can easily combine each other to maximize the utility of their assets.
Last modified 2mo ago